ADM acquired the remaining 50% stake in Gleadell Agriculture.

Archer Daniels Midland (ADM) announced it has signed an agreement to purchase the remaining 50% stake of Gleadell Agriculture, currently jointly owned by ADM and InVivo, including Gleadell’s wholly owned subsidiary Dunns (Long Sutton) Ltd. ADM will merge Gleadell and Dunns with ADM Arkady, ADM’s UK destination marketing business, and ADM Direct UK, ADM’s specialist combinable crop origination business to create ADM Agriculture, thus strengthening ADM’s presence across the UK. Financial terms were not disclosed. “With significant storage and processing capability and a longstanding reputation for being a safe and trusted trading partner, Gleadell and Dunns will be great additions to our business in the UK. We are excited to expand our capabilities, not only to continue our strategic growth, but also to support our farmers and our customers as they work to address fast-growing consumer demand.” Gary McGuigan, ADM’s President of Global Trade.